ATLAS News · Technology

AMD and Intel Move Higher as CoreWeave Lifts Its Annual Sales Forecast

Published November 11, 2026 · 3 sources

Chip stocks including AMD and Intel traded up after CoreWeave raised its annual sales outlook, while AMD also drew attention for EPYC server chip news.

What happened

Chip stocks including Advanced Micro Devices and Intel traded higher in the morning session, according to StockStory. The report ties the move to specialized cloud provider CoreWeave raising its annual sales forecast.

TIKR.com says CoreWeave's improved outlook revived the AI chip trade for AMD, and notes the news came from a customer that mostly buys Nvidia. StockStory lists Broadcom, Marvell Technology and Micron among the other chip names that rose.

BigGo Finance separately reports that AMD shares jumped as EPYC Venice 9006 server chips began shipping and as Google adopted fifth-generation EPYC processors.

Context

CoreWeave is a cloud provider that supplies computing capacity for artificial intelligence workloads, so its spending plans are closely watched by chipmakers and investors.

Why it matters

The moves show how sentiment toward AI infrastructure demand can spread across the semiconductor sector when a major customer updates its outlook.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

Advanced Micro DevicesAMD

+7.32%

Technology · NASDAQ

Live price

$534.18▲ +7.32%

live price · USD

Close on November 11: $552.90+7.32% vs. previous close ($515.21)
Chance of a rise in 1 month: 44%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $434.05 and $612.15; 9 in 10, between $320.01 and $830.27.

See the full ATLAS analysis of Advanced Micro Devices →

IntelINTC

+7.52%

Technology · NASDAQ

Live price

$57.31▲ +7.52%

live price · USD

Close on November 11: $62.50+7.52% vs. previous close ($58.13)
Fair value (ATLAS): $35.13Fair range: $9.59 to $54.15The price ($57.31) is 63.1% above that figure.
Chance of a rise in 1 month: 43%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $45.01 and $66.40; 9 in 10, between $31.89 and $93.72.

See the full ATLAS analysis of Intel →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

AMD Rises 4% as CoreWeave’s Raised Outlook Revives the AI Chip Trade · TIKR.com · November 11, 2026
AMD, Broadcom, Intel, Marvell Technology, and Micron stocks trade up, what you need to know · StockStory · November 11, 2026
AMD Shares Jump as EPYC Venice 9006 Server Chips Begin Shipping, Google Taps Fifth-Gen EPYC · BigGo Finance · November 11, 2026

Latest market news · Markets today on ATLAS · Advanced Micro Devices · Intel

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Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer